Hot-Melt Adhesives Market Enhancement and Growth Factor Detailed For Business Development 2020- 3M Co., AdCo UK Limited, Adhesive Technologies Inc. (AdTech), Aerocoll Chemie GmbH, Alfa International Corporation

Global Hot-Melt Adhesives Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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The global hot-melt adhesives market is expected to register a moderate CAGR during the forecast period, 2018-2023. The Asia-Pacific region is estimated to lead the market, owing to its rapid increase in the production of automotive and packaging applications. The thermoplastic polyurethane segment is expected to be the fastest-growing segment, by resin type.

Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

3M Co., AdCo UK Limited, Adhesive Technologies Inc. (AdTech), Aerocoll Chemie GmbH, Alfa International Corporation, Arkema Group (Bostik SA), Avery Dennison Corp., Beardow & Adams (Adhesives) Ltd, BHNEN (Germany), Collano Adhesives AG, DELO Industrial Adhesives, Dow Chemical Co., Drytac, Franklin International, H.B. Fuller Co., Helmitin Adhesives, Henkel AG & Co. KGaA, Hexcel Corporation, Hexion, Huntsman Corp., Jowat AG, KMS Adhesives, LORD Corp., Mactac, Mapei Spa, Master Bond, Paramelt B.V, Pidilite Industries Ltd., Sika AG, Super Glue Corp., Wacker Chemie AG, Wisdom Adhesives Worldwide.

News and Updates:

September 9, 2019 Lecta launches new range of Adestor Hot-Melt adhesives
June 17, 2016 Collano, nolax and Emerell Launch Hot Melt Center

OCTOBER 02, 2018 BOSTIK LAUNCHES LATEST HOT MELT ADHESIVE INNOVATION IN KIZEN® PRODUCT FAMILY

31 July 2018 New H.B. Fuller low temperature hot melt adhesive launched

Growth in Automotive Production

The automotive industry employs hot-melt adhesives for a host of applications, including bonding insulating and cushioning materials, bonding headlight, fixing cables in the roof liner, bond door sill protectors, and other plastic parts and for wheel covers. They can also be used to bond emblems, as well as anchor plates onto gear knobs. The application of adhesive bonding enables a significant weight reduction of the vehicle, an increase of the body stiffness, improved crash performance/safety, and enhanced NVH characteristics, as compared to conventional joining technologies. With increased emphasis on fuel efficiency and vehicular emission control, the reduction of vehicle body weight is gaining widespread importance throughout the world.

According to the European Automobile Manufacturers Association, automotive production in Europe grew by 3.1% YoY in 2017 over 2016, reaching a total of 22,161,107 vehicles. In 2017, the Indian automotive industry grew by 5.83%. Between FY 2006-2017, the passenger vehicle segment witnessed the fastest growth, registering a CAGR of around 10%. The Automotive Mission Plan 2016-26 (AMP 2026) targets a fourfold growth in the automotive industry. The Chinese government is planning to introduce more than 1 million electric vehicles by 2020, which is further expected to drive the market for hot-melt adhesives in the country. United States is one of the largest automotive manufacturing countries in the world. Light vehicle production in the country reached almost 12 million in 2016, while sales peaked to 17.5 million units during the same year. Furthermore, the country exported around 2 million new light weight vehicles in 2016, valued at USD 57 billion, with additional exports of automotive parts valued at around USD 80 million.

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Notable Developments in the Market

October 2017: H.B. Fuller finalized its acquisition of Royal Adhesives & Sealants for USD 1.575 billion. This acquisition is likely to deepen H.B. Fullers expertise in a range of sectors, such as medical, electronics, hygiene, transportation, construction, clean energy, and others.

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Major points covered in this research are:-

-Hot-Melt Adhesives Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

-Global Market Size (Value) of Hot-Melt Adhesives (2020-2023)

-Global Hot-Melt Adhesives Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

-Global Hot-Melt Adhesives Production, Revenue (Value), Price Trend by Type

-Global Hot-Melt Adhesives Market Analysis by Application

-Global Hot-Melt Adhesives Manufacturers Profiles/Analysis

-Hot-Melt Adhesives Manufacturing Cost Analysis

-Industrial Chain, Sourcing Strategy and Downstream Buyers

-Marketing Strategy Analysis, Distributors/Traders

-Market Effect Factors Analysis

-Global Hot-Melt Adhesives Market Forecast (2020-2023)

-Competitive Landscape

-Research Findings and Conclusion

Finally, this Hot-Melt Adhesives report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Hot-Melt Adhesives product development and gives an outline of the potential Global market.

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This release was published on openPR.